Manager, Loss Forecasting

What is the opportunity?

Loss Forecasting team within Portfolio Management and Credit Strategy (PMCS) at RBC is responsible for Stage 3 Provision for Credit Losses (PCL) forecasting for the Canadian retail portfolios. The team provides Senior Management in Risk Management, Finance, Business Units, and Investor Relations with expert analysis and guidance on the Bank’s PCL.

What will you do?

• Assist in developing, monitoring, and maintaining Stage 3 PCL loss forecasting models to support regulatory compliance and business objectives.
• Work with measurement, reporting, and modeling team members to understand assumptions in credit provisioning calculations; analyze results and help identify issues.
• Support communication with functional and business partners to identify and elevate issues affecting credit provisioning.
• Analyze datasets to identify trends, risk indicators, and key drivers of credi...